Amber Group, through its subsidiary IL JIN Electronics India, has entered into an agreement to acquire a majority stake in Shogini Technoarts Pvt Ltd. Shogini, based in Pune, is a manufacturer of Printed Circuit Boards (PCBs). This acquisition will enhance Amber Group’s PCB capabilities and drive localized manufacturing. The agreement was finalized on November 14, 2025.
Strategic Acquisition
Amber Group, via its Electronic division, IL JIN Electronics India Pvt Ltd, has formalized an agreement to purchase a majority stake in Shogini Technoarts Pvt Ltd, effective November 14th, 2025. This move aims to bolster Amber Group’s presence in the electronics manufacturing sector.
About Shogini Technoarts
Shogini Technoarts, located in Pune, Maharashtra, is a manufacturer specializing in Printed Circuit Boards (PCBs). Their product range includes single-sided, double-sided, multi-layered, metal clad, and flex PCBs.
Synergies and Vision
Mr. Jasbir Singh, Executive Chairman and CEO of Amber Group, stated that this acquisition strengthens the bare PCB vertical and supports Amber Group’s evolution into a full-stack, backward-integrated EMS company. The integration of Shogini, along with other facilities, will position Amber Group as a leading PCB manufacturer in India, offering solutions across various PCB types.
Mr. Abhijit Tamhankar, Chairman & Managing Director of Shogini, views the partnership as a pivotal moment to leverage synergies and scale the business, aiming to accelerate growth and enhance customer value.
Source: BSE
